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Ready to Invest in Real Estate? Here are the Top 3 Ways to Start

Image of a smart phone and house. Many people say that they want to invest in real estate as a way to diversify from stocks and bonds. The challenge is knowing how to get started. After all, what works well for one person may not be a good fit for another. Fortunately, there are a few different ways to invest in real estate. Here is an overview of the three most common paths to take.

1. Rent out a part of your home

If you’re hesitant to go “all in” with real estate investing, renting out a part of your home may be a good way to test the waters. If you’re an empty-nester, you could opt to rent one of your extra bedrooms. Or, if you have some space you’re not using, like in a basement or above a garage, you could remodel it into a studio or one-bedroom apartment. If you discover that being a landlord isn’t for you, once the person’s rental agreement is expired you have your entire home back, and there’s nothing that you have to sell or pay for while it’s on the market.

2. Buy a rental property

If you want to invest in real estate but the idea of having a tenant in your primary home doesn’t appeal to you, your next option is to buy a house, condo, or townhome and rent it out. This option requires a little more upfront investment, but it has the potential to give you much greater rewards in the long-term. The key to making this work is to buy a home where your monthly expenses (mortgage, taxes, and insurance) are less than the current market rent rate. Sometimes you can even find a home for sale that already has a tenant in place, thus making your start up time and requirements much less.

Image of a successful business person3. Flip a property

Property flipping is all the rage on TV. And there’s good reason for all the drama. Property flipping can be risky, but the rewards are definitely possible. To make property flipping work, you need to find homes that have been sitting on the market for a while or homes that need some cosmetic repairs that many people aren’t willing to jump into. If you can do some or all of the repairs yourself, or if you’re very careful about what you buy, this can be a fun and rewarding way to invest in real estate.

Taking the plunge to invest in real estate is both exciting and scary. Work with a Realtor to help you mitigate the risk and make wise decisions. When done correctly, real estate investing offers great rewards and long-term profits.

Remember, you can find many great tips for investors, home buyers, and home sellers on our Facebook page. If you’re searching for the perfect investment property to buy, we can help! Contact us today!

 

 

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Welcome! We are glad you’re here. We developed this website to give you the most up-to-date Napa Valley real estate listings and the most reliable information for home buyers and sellers.

Not sure where to start? Check out our blog, vlog, and articles for information on buying and selling a home, design and staging tips, and real estate investor information.

Ready to buy? Be sure to browse our current listings.We are eager to show you your next Napa Valley home.

Relocating to the area? Read up on all the great communities that make up Napa Valley.

Welcome! We are glad you’re here. We developed this website to give you the most up-to-date Napa Valley real estate listings and the most reliable information for home buyers and sellers.

Not sure where to start? Check out our blog, vlog, and articles for information on buying and selling a home, design and staging tips, and real estate investor information.

Ready to buy? Be sure to browse our current listings.We are eager to show you your next Napa Valley home.

Relocating to the area? Read up on all the great communities that make up Napa Valley.

Is it time to sell your home? Why not have the #1 real estate team represent you?

We’re sure you have questions. And we are here to help. Contact us for information on anything real estate related.

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About Us

Leading the Pujals team are Jerry and Susan Pujals, who is ranked as the #1 Sales Team for California, Coldwell Banker Brokers of the Valley. Jerry, a Senior Broker, and Real Estate Advisor began his career in real estate with Coldwell Banker Brokers of the Valley in 1997. Susan, a seasoned Real Estate Sales Consultant joined the organization in 2008, which established the formation of The Pujals Team.

Having received national recognition for their performance and many local awards, Jerry and Susan are proud to be affiliated with Coldwell Banker Brokers of the Valley, Napa County’s real estate market leader for more than 20 years.[Read more]

Reviews
“Jerry and his associates are the best! Jerry cares for the individual taking in consideration what the person wants and cares for, making the best choices for you. I truly recommend them because they treat you as family and they make the process so easy for you. They are one of a kind!! We decided...” - Lucy Arreola Read More
“Jerry and Susan Pujals are adept at representing both sellers and buyers in this fast-paced Napa market. We’ve seen their work, both as sellers and buyers, and can affirm they shine in both arenas. The Pujals team just finished helping us through multiple real estate transactions: two homes prepared, listed and sold, and one home...” - Jane Callier Read More